Tata Communications to Acquire Messaging Firm Kaleyra in an All-Cash Deal

Tata Communications will acquire US-based enterprise messaging firm Kaleyra for about $100 million (nearly Rs. 820 crore) in an all-cash deal, the company said on Wednesday. With operations in over 190 countries, Kaleyra provides integrated communication services with a set of proprietary platforms, offering targeted personalisation through messaging, video, push not...
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Micron Signs MoU With India to Build First Semiconductor Plant in Gujarat

US memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the country. Micron said last week it will invest up to $825 million (nearly Rs. 6,850 crore) in the facility. With support from the Indian central government and the state of Gujarat, the total investm...
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PlayStation Boss Jim Ryan Claims Video Game Publishers Believe Xbox Game Pass Is ‘Value Destructive’

PlayStation boss Jim Ryan has claimed that video game publishers unanimously agree that Xbox Game Pass is “value destructive.” As part of the ongoing trial involving Xbox parent Microsoft and the US FTC, Ryan appeared in a pre-recorded video deposition stating that Microsoft’s business model for Game Pass has some challenges and it isn’t profitable for the com...
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Baidu Claims Its AI Ernie 3.5 Surpassed OpenAI’s ChatGPT on Certain Key Metrics

Baidu, China's leading search engine provider, said the latest iteration of its ChatGPT-style service had surpassed the widely popular Microsoft-backed OpenAI chatbot on multiple key metrics. Baidu said in a statement on Tuesday that Ernie 3.5, the latest version of its Ernie AI model, had surpassed "ChatGPT in comprehensive ability scores" and outperformed "GPT-4 in...
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